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GRIT
October 9, 2023
As the influence of technology on research and insights grows, human insight must be applied to reach beyond stated objectives and ensure deep understanding and business relevance.
Welcome to a new era in market research, where technological advancements, particularly AI, are reshaping the industry's landscape. In recent years, the market research industry has witnessed a shift towards DIY, agile methodologies aimed at democratizing research. This trend empowers clients to take a more hands-on approach, but may inadvertently lead to less consulting and a lack of deep human connections. My challenge to the industry is: in our pursuit of tech-driven efficiency, are we losing what's truly essential for insights success?
At the heart of effective market research lie human connections—connections between brands and consumers, clients and suppliers, and manufacturers and retailers. It's these connections that can sometimes be overshadowed when we prioritize efficiency over nurturing human engagement. This reality is highlighted in the latest GRIT Report, where understanding a client’s business and effective storytelling are on the rise as key drivers of success, while the pursuit of cost reduction and rapid results are on the decline. So, how can we deliver on this need for deep connections?
The answer lies in a collaborative and consultative approach. Clients and suppliers should engage in meaningful conversations that extend beyond immediate project objectives. For starters, clients can share the broader context of their strategic goals and market challenges; while suppliers, in turn, can reciprocate by proactively suggesting creative research strategies that push the boundaries of traditional methodologies to provide better insights solutions. This open and trust-based collaboration between clients and suppliers serves as the bedrock upon which innovative research methods can flourish.
As we venture further into the age of technology-driven market research, we must remember that while tech advancements, including AI, provide powerful tools, our primary goal remains unchanged—delivering digestible, actionable insights. With this in mind, clients and suppliers alike should consider the following:
By working in unison, we can ensure that our research endeavors yield not only actionable insights but also deeper understanding, lasting partnerships, and ultimately, success in an evolving market research landscape. Together, we write the next chapter of market research, one where technology and human insight coexist harmoniously to uncover the answers that drive businesses forward.
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The views, opinions, data, and methodologies expressed above are those of the contributor(s) and do not necessarily reflect or represent the official policies, positions, or beliefs of Greenbook.
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